Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Time to Sell or Time to Buy !

Business For Sale. Beauty Salon In Greatest Location

LISTING DETAILS
Firms For Sale ID:
10920
Vendor reference:
813211
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$50,000  
Turnover / revenue:
$75,000
Net profit / cashflow:
$110,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Million Dollar Location is the major advantage of this eclectic beauty salon21;21;21; Current owner must sell due to impending divorce. This location has a continuity as a beauty salon for nearly 70 years. Located within blocks of Estella, L Salon, Prieve, etc., it is right on the 93;miracle mile94; of Beauty Salons on Beverly Boulevard in L.A. With 1,500 square feet of usable salon space this company92;s price is a steal21; The new owner could increase the number of chairs from 8 to 3F;3F;3F; Previously there were 22 chairs operating in the same facility when it was a hair styling school21; Meanwhile, there are two physical business spaces in the same leasehold (each unit with 750 sq. ft.) with two separate entrances. Although the separating wall between the two spaces is removed, this allows the option for a separation of the operation into two entities such as nails on one side and hair styling on the other with separate entrances. The current owner is a hair stylist and 24;70,000 of her earnings are from her personal customers. She has invested 24;65,000 into leasehold improvements including plumbing, wiring, antique fixtures, etc. An astute entrepreneurial buyer could re-orient this location to support 15 plus chairs at the going rate per hair dresser of up to 24;300 per week per chair. Net of rent, operating expenses, and the amortized cost of improvements, the profit could be excellent. Contact Roger Civalleri or Donna Richardson at (310)539-8300 for more information. Act quickly because this opportunity will move fast21;